Tuscany Energy and Diaz Resources are pleased to jointly announce that they have completed their previously disclosed business combination. Tuscany has acquired all of the issued and outstanding common shares of Diaz on the basis of 0.31 of a common share of Tuscany for each one (1) Diaz common share of Diaz pursuant to a Plan of Arrangement under [...]
Tuscany and Diaz today announced that they have mailed to shareholders of record as of the close of business on June 7, a joint information circular and proxy statement and related materials in connection with the annual and special meetings of the holders of common shares of Tuscany and Diaz to be held on July 15, 2013 to, among other things [...]
CALGARY, ALBERTA -- (Marketwired) -- 05/31/13 -- Diaz Resources Ltd. (TSX VENTURE: DZR) ("Diaz" or the "Company") announces that it has filed its interim Financial Statements and MD&A for the three months ended March 31, 2013 on SEDAR.
During the quarter, Diaz's production increased to 382 BOEd from 302 BOEd in Q4 2012 due to the Company's [...]
Tuscany Energy and Diaz Resources are pleased to jointly announce that they have entered into a definitive arrangement agreement in connection with a proposed business combination whereby Tuscany will acquire, subject to certain conditions, all of Diaz's issued and outstanding common shares on the basis of 0.31 of a common share of Tuscany for each [...]
Diaz Resources is pleased to announce the appointment of John R. Nelson to its board of directors. Mr. Nelson has over twenty-seven years of resource industry experience and is currently the President, Chief Executive Officer and a director of Africa Hydrocarbons, a TSXV listed oil and gas company with operations in Tunisia. Mr. Nelson's industry [...]
Diaz announces that it has filed its 2012 MD&A, Financial Statements and Annual Information Form on SEDAR. Diaz is pleased to report the capital restructuring proposed in Q4 2012 was approved by all stakeholders in December and has resulted in the conversion of $15 million of debenture debt into common equity. This reduced the Company's net debt to [...]
Diaz Resources today filed its Statement of Reserves Data and Other Oil and Gas Information as of December 31, 2012. Summary of 2012 Reserves. The Company recorded a year-over-year 18% decrease in proved plus probable reserves to 1,005 MBOE at December 31, 2012. The estimated net present value of future net revenue attributable to the Company's [...]
Diaz Resources announces that it has completed its previously announced share and debt reorganization pursuant to which: (i) Diaz's common shares ("Pre-Consolidation Shares") have been consolidated on the basis of 25 Pre-Consolidation Shares for one new post-consolidation common share ("New Diaz Share") of Diaz; (ii) the outstanding 10.5 [...]
Diaz Resources is pleased to announce that today the Company received securityholder approval for its previously announced share and debt reorganization pursuant to which: (i) Diaz's common shares will be consolidated on the basis of 25 Pre-Consolidation Shares for one new post-consolidation common share; (ii) the outstanding 10.5% convertible [...]
Diaz wishes to announce that it has filed on SEDAR its Interim Financial Statements and MD&A for the nine months ended September 30, 2012. For the nine month period, average production on a barrel of oil equivalent basis declined to 360 BOEd compared with 400 BOEd in the prior year as the Company shut-in over half of its natural gas production. Oil [...]
Diaz Resources today announced that it has mailed to shareholders and debentureholders of record as of the close of business on November 9, 2012, a management information circular (the "Information Circular") and related materials in connection with the special meeting (the "Special Meeting") of the holders of its common shares and debentures to be [...]
Diaz Resources announces that it has filed on SEDAR its revised unaudited interim condensed consolidated financial statements and MD&A for the six months ended June 30, 2012. The revision resulted from an interim reserves report received by Management effective September 30, 2012. The interim reserves report indicated that Diaz's oil and gas assets [...]
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